Moonves Says CBS Is Interested in Buying CNN If Available

Leslie Moonves says his CBS Corp. is interested in buying the CNN news channel if it becomes available. Getting between Rupert Murdoch and Time Warner Inc. is another matter.

Moonves, who spoke to reporters today at a Television Critics Association event in Beverly Hills, California, said in the past he’s discussed “doing something with CNN,” the pioneering cable channel owned by New York-based Time Warner, with his CBS News on broadcast. Combining the operations would allow them to share resources and save money.